 |
|
|
|||||
Cholamandalam Investment and Finance Company (Chola) has refuted allegations of financial impropriety, asserting that all past transactions adhered to prevailing laws and regulatory frameworks. Management clarified that disclosures and fund diversions, including insurance transactions and payments to family members, were conducted with business rationale and proper approvals, emphasizing that current norms should not be retroactively applied.
Category:
News and Media
Libya's army chief Lt Gen Mohamed Al-Haddad died in a plane crash returning from Turkey. This incident occurred days after Pakistan Army chief General Asim Munir finalized a multi-billion dollar military equipment deal with Libya. The deal includes fighter jets and trainer aircraft. This development comes despite a UN arms embargo on Libya.
Category:
News and Media
Coal India is set to unlock significant shareholder value with the upcoming listings of its major subsidiaries, BCCL, SECL, and MCL. Industry experts view this as a positive move, with MCL particularly noted for its operational efficiency. While holding company discounts are anticipated, the extent will depend on dilution levels and remaining subsidiaries.
Category:
News and Media
Railway stocks are back in focus as RVNL, IRCTC, Jupiter Wagons and other rail-linked names rally ahead of the Union Budget 2026. Investors are eyeing potential increases in railway allocations, but analysts caution that pre-Budget spikes may be short-lived without sustained fundamentals.
Category:
News and Media
Bangladesh News: The brother of slain Inqilab Moncho convenor Sharif Osman bin Hadi has blamed the interim government for his murder, demanding accountability. Former Prime Minister Sheikh Hasina echoed these sentiments, citing a breakdown in law and order. Protests erupted in Dhaka, with the government promising a fast-tracked trial under the Speedy Trial Tribunal.
Category:
News and Media